Buyer's Broker - Trawler Forum

Sep 3, 2015 · Trawler Forum. General Discussion . Buyer's Broker. Thread starter menzies; Start date Sep 3, 2015; The friendliest place on the web for anyone who enjoys boating. If you have …

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How does a brokerage (used trawler) sale work?

Here is a simple summary to outline how a brokerage (used trawler) sale works. The process begins with a seller who is ready to market their trawler for sale. Sellers will typically return to the broker they purchased the boat through (provided that the relationship continued in a positive way after the closing). ...

What is a used trawler purchase agreement?

Purchase agreements do not include any type of warranty by the seller or brokers and used trawlers are sold “As-is, where is” – it’s a take it or leave it arrangement, but some sellers will work with buyers to help with minor repairs if that’s what it takes to get the deal done. ...

How to buy a used trawler?

If you are working with a yacht broker and find a used trawler which you are interested in purchasing, you need to come up with an offer price and sign a written purchase agreement (no verbal agreement) accompanied by a 10% good faith deposit. Most brokerages have a trust account for the safe keeping of your deposit (in escrow). ...

What happens to a nomadic used trawler after closing?

Sellers will typically return to the broker they purchased the boat through (provided that the relationship continued in a positive way after the closing). A nomadic used trawler generally ends up in a marina far away from the original sale location and the seller will ask a local broker to manage their sale. ...

What is the secret to successful trawler ownership?

Perhaps the secret to successful trawler ownership is compromise. Even with the right boat, a budget large enough to manage it, and the best of relationships, if spending time on the water is not an equal passion for both parties, you may easily find yourself in very treacherous waters. ...

What are the different types of trawler listings?

The two most common forms of listings are Exclusive/Central and Open. An Exclusive/Central listing gives one brokerage house the sole rights to market a trawler for sale. The listing agreement specifies the asking price, boarding procedures, and length of the listing contract. ...